Technical analysis: Important Intraday Levels For EUR/USD, Oct 30, 2019

Posted On 30 Oct 2019

When the European market opens, some economic reports will be released such as Italian 10-y Bond Auction, German Unemployment Change, Spanish Flash CPI y/y, French Consumer Spending m/m, German Prelim CPI m/m, and French Flash GDP q/q. The US will also publish the economic data such as Federal Funds Rate, Crude Oil Inventories, Advance GDP Price Index q/q, Advance GDP q/q, and ADP Non-Farm Employment Change, so amid the reports, the EUR/USD pair will move with medium to high volatility during this day. TODAY’S TECHNICAL LEVELS: Breakout BUY Level: 1.1164. Strong Resistance: 1.1158. Original Resistance: 1.1147. Inner Sell Area: 1.1136. Target Inner Area: 1.1110. Inner Buy Area: 1.1084. Original Support: 1.1073. Strong Support: 1.1062. Breakout SELL Level: 1.1056. (Disclaimer)The material has been provided by InstaForex Company – www.instaforex.com

Source:: Technical analysis: Important Intraday Levels For EUR/USD, October 30, 2019

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